Trade pattern reversal : The role of technological change , factor accumulation and government intervention
نویسنده
چکیده
During the last decades, some Asian countries have experienced a substantial change of their production structure leading to a change of their trade patterns. Whereas formerly high-tech goods were imported, they now constitute an important fraction of the countries' exports. Possible reasons for such a situation to arise are investigated in a model combining Ricardian and Heckscher-Ohlin effects. In addition the role of government intervention on factor accumulation and technological change is studied. A reversal of trade patterns can be endogenously explained by these features.
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